Brief: Squirrel Media Completes Acquisition Of Ganga Group

Squirrel Media SA

22/06/2023 16:50

June 22 (Reuters) - Squirrel Media SA  SQRL.MC :
    * COMPLETES ACQUISITION OF GANGA GROUP
    * OPERATION HAS ALSO INCLUDED ALL REAL ESTATE ASSETS THAT
GRUPO
GANGA CURRENTLY OWNS
    * TRANSACTION CONSISTS OF PURCHASE OF 51% STAKE IN DIFFERENT
COMPANIES OF THE GROUP
    * ACQUISITION HAVE BEEN FULLY FINANCED WITH FUNDS OWNED BY
SQUIRREL MEDIA
    * GROUP HAS BEEN ACQUIRED WITH THE CONTINUITY OF THE
MANAGEMENT
TEAM
    * IN ADDITION, GROUP IS BOUGHT FREE OF ALL DEBTS AND
CONTINGENCIES
    * HAS DECIDED NOT TO PROVIDE IN THIS MOMENT THE AMOUNT OF
THE
REPORTED TRANSACTION
    * IN TALKS WITH THIRD PARTIES FOR INTEGRATION OF OTHER
NATIONAL
AND INTERNATIONAL COMPANIES WITH SIMILAR CHARACTERISTICS

Source text: https://tinyurl.com/yumc2n3r
Further company coverage:  SQRL.MC 

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